mario draghi

Update on Europe: Tinker Bell fails to deliver

By / 4 Comments / 7 May 2015

Summary: Monday’s post explained why last week’s statement by ECB President Mario Draghi was not the game-changer Wall Street assumed. Today the ECB met and did little but give more comforting words. Here’s the scoop. . The ECB President Speaks to the world Cutting through the blather, here is my guess what was in Mario …

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Last week they spoke comforting words, but I saw only the frightening aspects of the euro-crisis

By / 26 Comments / 30 July 2012

Summary:  Although entertaining as gallows humor, last week’s statement by ECB President Mario Draghi illustrates important but seldom discussed aspects of the euro-crisis. Here we read and annotate the text. It’s an oddity of our time that people tend to rely on secondary sources — journalists and pundits — to learn what the world’s leaders …

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